Hi! Are you in urgent need of money? Do you have plans of having a destination wedding? Are you looking for a personal loan so as to wash out all financial tensions? Well, HDFC Personal Loan is one of the best personal loans in the Indian market today. HDFC Bank offers affordable rates on personal loans so as to make it more people-friendly. In addition to this, the bank also gives you the opportunity to get a higher loan amount which is an add-on to this loan.
It is also important to note that the interest rate offered by HDFC Bank is one of the lowest interest rates on personal loans. So, what are you waiting for? Apply for HDFC Personal Loan But first, check the eligibility criteria below:
HDFC Personal Loan Eligibility-
HDFC Bank offers personal loans on the basis of certain parameters which decide the loan amount and interest that they are going to offer to the applicant. Similarly, to get a personal loan with the desirable loan amount and attractive interest rates, you must have the below-mentioned eligibility criteria. If your profile matches the criteria set by the HDFC Bank, the chances of getting desirable loan amount and interest rates are higher for you, so let us have a look:
- Your minimum age should be 21 years
- Your maximum age should be 60 years
- An individual must have 2 years of working experience wherein having 1 year of experience with the current employer is important
- The applicant must have a Net Monthly Income of ₹12,000/-. However, the Net Monthly Income should be ₹15,000/- if the applicant is living in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Pune, Kolkata, Ahmedabad, Cochin
Personal Loan Eligibility Calculator-
You must know that the interest rates and the loan amount are calculated with the Personal loan eligibility calculator of HDFC Bank. So, to check eligibility, follow the below steps:
- Click on ‘Check Eligibility’ on the personal loan page
- A Digital Application Form would appear
- Mention if you are an existing customer of the bank or not
- Continue with the mobile number you use
- Mention the Net Banking Details like the Customer ID Number and Mobile Number
- Fill in the OTP you receive here
Once you fill up the above details, a loan application form would appear. Fill in the details in the form.
How to Apply for HDFC Personal Loan Online-
You can apply for a personal loan at HDFC Bank both online and offline. However, online process is more convenient and time-saving. So, to apply online, you can follow the below steps:
Step1: A person must fill up the personal loan application form with correct personal, professional and loan details.
Step2: To get a hassle-free personal loan, a borrower must keep the required documents ready at the time of applying for a personal loan.
Step3: Once the above steps are completed, a person can submit the scanned documents along with the loan application form (with photos) online.
HDFC Personal Loan Interest Rates-
The interest rate on a personal loan is accumulated on the basis of the MCLR with the present scenario of 1 Year MCLR= 8.15%. On the basis of the new MCLR rates, HDFC bank offers personal loan interest rates starting from 11.49% per annum up to 19.50% per annum which is one of the lowest interest rates in the present market today.
Documents Required-
HDFC personal loan is an unsecured loan and there is no asset verification involved in the documentation process. So, the documentation required is lesser and hence the process is hassle-free and time-saving for sure. Here is the list of documents that you must have:
- Identity Proof – Voter ID Card/Driving License/PAN Card/Copy of Passport
- Address Proof- Copy of Ration Card/Telephone or Electricity Bill/Rental Agreement/Passport
- Last 3 months bank statements
- Last 6 months bank passbook
- Latest salary slip/current dated salary certificate with the latest Form 16
Benefits of HDFC Personal Loan
- Affordable interest rate
- Flexible tenure option
- Free Insurance Cover
- 24X7 customer care service
- Special offers for women applicants- Diva Personal Loan
- Pre-approved personal loans of ₹3 lakhs and more than 100 Diva offers across premium brands and products (for women applicants)
- Sarv Suraksha Pro-credit shield cover equal to the outstanding loan amount, accidental hospitalization cover of up to ₹8 lakhs, accidental death/permanent disablement cover of up to ₹1 lakh, and critical illness is ₹1 lakh
No comments:
Post a Comment